Although many personal finance experts say you can’t remove negative, accurate information from your credit report, there are a few tricks you can try. The procedure I refer to in the video is called “validation.” For more information on how the process works, read the Validation of Debts section in the Fair Debt Collections Practices Act.
Keep in mind that I’m not saying whether you should have true, negative info erased from your credit report. You have to follow your own moral compass to determine whether this is a technique you’re comfortable with. Personally, after being screwed by a collection agency years ago, I’d do it in a second.
If you’re looking for other ways to clean up your credit history, check out my article 5 Steps You Can Take This Weekend to Improve Your Credit Score.